Saipem board meets on ways to strengthen business structure, management - sources

A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa’s harbour, Italy, November 19, 2015. REUTERS/Alessandro Garofalo

MILAN, Feb 4 (Reuters) – Italian energy services group Saipem is holding a board meeting on Friday morning to discuss the group’s management and business structure after a shock profit warning earlier in the week, two sources said.

The board meeting is under way, one of the sources said, adding it could appoint managers to represent the two main shareholders.

Saipem is controlled by energy group Eni and state lender Cassa epositi e Prestiti.

Reporting by Stephen Jewkes; editing by Agnieszka Flak

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